Take the bias level with a pinch of salt today as there is a lot of news that will bring volume into the markets.
Support here is holding. So if you're following the bias, protect your trades
Perfect entry, but this support level needs to break with more volume!
Either way, partials and protected. Would like to see 2155 open it's doors
Our target is complete though. BE in place
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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No bias today as it's Friday and witching day. We've had a decent week on Gold, with LiTE, Excalibur and the live trades so please, if you can, stay away from it today. There is an indication of a move up, so support turns to 2166-4 which is above should see price attempt that 2175 key level resistance. 4H is still showing signs of weakness, but still no clean reversal on the longer time frames, so every chance we can still go up and test those highs, as suggested in the KOG report on Sunday.
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We have to learn the behaviour of the market makers, the price action and the structure of the chart. I need you guys to remember this, "the market will always give you an opportunity, either to get in, or to get out". Levels don't lie, price needs to create structure and fill voids, it needs to test price points almost to see if it likes it or not
Quick tip on identifying zones and trigger points. Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏